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Started By
Message
re: Investing In Tesla
Posted on 10/5/18 at 4:38 pm to southernelite
Posted on 10/5/18 at 4:38 pm to southernelite
quote:Based on your post I just re-read it also.
I just went back and reread the 1st page this thread. Entertaining for sure.
I especially enjoyed this post:
quote:...and then every financial projection for 2018 is based on Musk's prediction.
Musk is projecting 500k cars next year,
Of course, it's now clear Tesla will struggle to produce half of 500,000 vehicles this year.
TSLA shares lost another 7% today.
It explains to me why Musk is behaving so erratically.
Posted on 10/5/18 at 10:57 pm to LSURussian
Loving my short position right now
Posted on 10/8/18 at 2:30 pm to MikeD
Lot of rumors floating out there right now. They are having cash flow problems and not sure if they can make a debt payment coming up.
Then there is this...
Being compared to Lehman Brothers has got to sting a little.
Then there is this...
quote:
Hedge fund Greenlight unloaded all Apple shares on trade-war concerns
David Einhorn, president of Greenlight Capital, who famously warned that Lehman Brothers was undercapitalized before it filed for bankruptcy in 2008, said Tesla Inc. is following the same doomed path.
The hedge-fund manager, known for his meticulous research and data analysis, made the case that Tesla (TSLA) carried some of the same attributes as the ill-fated Wall Street bank in how it deflects criticism and masks problems.
Lehman was the fourth-largest investment bank in the U.S. before its collapse on Sept. 15, 2008, which many view as the moment that the global financial crisis took full flight.
In a letter to clients, Einhorn wrote:
"There are many parallels to TSLA," Einhorn said. "In 2013, TSLA was on the brink of failure as customers who had paid deposits weren't taking delivery of the Model S. TSLA's cash reserves fell to a dangerously low level and CEO Elon Musk secretly and desperately tried to sell the company to Google. Rather than communicating truth to shareholders, Mr. Musk bluffed his way through the crisis. There were no regulatory, legal or market consequences for failing to own up to reality. The business survived, and Mr. Musk was celebrated for his successful bluffing."
Being compared to Lehman Brothers has got to sting a little.
Posted on 10/8/18 at 2:43 pm to stout
quote:
They are having cash flow problems and not sure if they can make a debt payment coming up.
If this is true and they have to raise money, then he may be in trouble again. After that last tweet he better hope he doesn't have to deal with the SEC.
Posted on 10/8/18 at 7:54 pm to stout
quote:Well apparently he’s at a point where he has to use his reputation to justify his positions. From a May article:
Being compared to Lehman Brothers has got to sting a little.
What Exactly Happened to David Einhorn?
quote:
This year Greenlight lost 14.9 percent through April, while the S&P 500 was down 0.4 percent — the latest embarrassment for a former star who has not bested the stock market since 2009.
quote:
Even before this year’s debacle, in 2017 investors had already yanked more than a third of Greenlight’s redeemable capital, a stunning loss of investor confidence that has never before been publicized. From a peak of $11.8 billion in 2014, Greenlight’s assets had shrunk to $6.4 billion by the end of 2017.
quote:
His shorts on a string of companies — Green Mountain Coffee Roasters, Chipotle Mexican Grill, Athenahealth, Martin Marietta Materials, Pioneer Natural Resources Co., Caterpillar, Core Laboratories, Netflix, Amazon.com, and Tesla — are all either trading higher than when he announced he was short or were bought out at a premium, even though some had a temporary downward spike when he unveiled his bet. (He has acknowledged covering, at a loss, Green Mountain and Chipotle.)
quote:But Musk and Einhorn (not Ray Finkle) do seem like perfect personality foils for one another.
Instead, people who’ve worked with Greenlight believe he is relying on his name to make the case and is resistant to hearing any information that contradicts his short thesis.
This post was edited on 10/8/18 at 8:01 pm
Posted on 10/24/18 at 3:27 pm to LSUcam7
quote:Listening to CNBC on my way home, there are lot of beats (Tesla, Microsoft, Visa, Ford, Whirlpool).
TSLA beats the street.
Tesla was a huge beat on the top and bottom.
Posted on 10/24/18 at 5:32 pm to LSUcam7
quote:So you still believe what Musk says??
TSLA beats the street.
Posted on 10/24/18 at 5:41 pm to LSURussian
quote:No. But should we also not believe the “street” was expecting revenue of $6.3 billion and an adjusted EPS of -$0.19, but their reported revenue was $6.8 billion and their reported adjusted EPS of $2.90?
So you still believe what Musk says??
I get not believing what Musk has to say, but unless you think their earnings were a misrepresentation, then it was definitely a beat all around. Not OP level figures, but that’s a given.
This post was edited on 10/24/18 at 5:43 pm
Posted on 10/24/18 at 8:13 pm to buckeye_vol
I don’t believe anything that comes from Musk or his organization. He has proven he will use fraud to get his stock price up.
Posted on 10/24/18 at 8:17 pm to LSURussian
quote:
I don’t believe anything that comes from Musk or his organization. He has proven he will use fraud to get his stock price up.
Yep, not paying your suppliers is a great way to "beat the street" for a few more months.
This house of cards will be crashing soon enough
Posted on 10/24/18 at 8:21 pm to cave canem
quote:
Yep, not paying your suppliers is a great way to "beat the street" for a few more months.
This statement tells me you have no clue how to read a set of financials.
Posted on 10/25/18 at 9:49 am to iAmBatman
I have never seen a stock that was killing it one day and about to implode the next day. 9iGets equals parts love and hate though more love. Goldman Sachs just raised their number to $225. lol
Posted on 10/25/18 at 10:29 am to Morty
Did you see what happened to Netflix?
Spiked to $405 AH on earnings day, and faded hard to about $305 yesterday.
Remarkable action.
I was hoping to see this thing squeeze up to the $340-350ish, but it’s a piece of shite. Should have taken that $331 last night
Spiked to $405 AH on earnings day, and faded hard to about $305 yesterday.
Remarkable action.
I was hoping to see this thing squeeze up to the $340-350ish, but it’s a piece of shite. Should have taken that $331 last night
Posted on 10/25/18 at 10:43 am to LSURussian
$TSLA Chief accounting officer quits after a month on the job and suddenly they hit a financial grand slam. Riiiiight
Posted on 10/27/18 at 4:29 pm to Man4others
Posted on 10/29/18 at 8:23 am to dabigfella
The real reason why Tigerdroppings hates Tesla has nothing to do with the business model or finances. Many people here are financially tied to fossil fuels and have conservative political views. I myself have a conservative view on most issues but I don’t put on political blinders when it comes to my money. If you claim to be a proud American you have to reconcile with the fact that Tesla is the most American car company there is.
The combustion engine and dealership model’s days are numbered. Get over it. Bet against Elon at your own peril.
The combustion engine and dealership model’s days are numbered. Get over it. Bet against Elon at your own peril.
Posted on 10/29/18 at 8:30 am to LSU2a
quote:
Many people here are financially tied to fossil fuels and have conservative political views. I myself have a conservative view on most issues but I don’t put on political blinders when it comes to my money.
lolno
I think Elon is great and does great things but I can also see Tesla's value is very questionable for many reasons. Many others on here are smart enough to wade through the BS and see the same things.
If you can't objectively see there are issues to be concerned with then you have on blinders the same as the others you are pointing fingers at.
Posted on 10/29/18 at 8:44 am to LSU2a
quote:
The combustion engine and dealership model’s days are numbered. Get over it.
True, but not as soon as you think, we just don't have the spare power generation capacity at this moment and honestly there may be a market disruptor before we get there.
quote:
Bet against Elon at your own peril.
Nothing to do with the above, there are far better companies that produce far better products pouring cash into the EV market.
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